12

Nov

oes your country apply taxes on Online Trading? Then VertexFX Live Tax is your companion.

Using The VertexFX Live Tax plugin, you can apply taxes to any profitable trade. The application will keep monitoring any closed transaction come, and apply the tax to this transaction as money adjustment transaction according to your tax percentage.

This plugin will help to apply percentage tax for all account that logged in within the dealer privilege.

The VertexFX Live Tax contains many features and functionality that helps you to automate your business and save a lot of time.

In this plugin, you will be able to:

Apply live tax for any profitable closed transactions.

Ability to Enable/Disable the tax any time you want.

A manual tax calculation tab exists, to help you in managing your tax calculation manually in case you don't want to work as live tax calculation.

A Net Tax Calculation tab exists, which will calculate the tax in Net Transactions basis within the period, so if the total Profit/Loss within the period is positive, then a tax will be applied, and if negative, then no taxes will be applied to that account.

You can either apply the taxes on the Gross Profit (Profit before commission deduction), or Net Profit (Profit after commission deduction)…

From the options, you can set the tax percentage according to your regulations.

The application will save the last processed ticket ID to avoid duplicate calculation for any ticket, and the application is equipped with the ability to change this saved ticket ID from the options, so you can start over whenever you want.

The application will check the previous three days of transactions each time you login, to check for any missed ticket that is not calculated (any ticket ID larger than the last processed ticket will be calculated), so in case the application turned off for any reason, the application will check the previous ticket automatically.

Disclaimer: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.

Hybrid Solutions & Optimized Sense Ltd are VertexFX Trading Platform vendors, they provide technology only for the financial institute and do not interfere in any financial role or in the trading cycle. Hybrid Solutions & Optimized Sense Ltd clear their responsibility from any financial institute's behavior. Choose your broker wisely and seek independent advice if necessary.